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The Denver Metro housing market is showing signs of Spring. New listings increased compared to both the previous month and year over year, which suggests that sellers are stepping into the playing field. Pending activity improved from last month. Closed sales increased compared to both the previous month and year over year.
Bullet points with February stats:
~ The median sold price for single family homes (including attached and detached) in February is $580,000 which shows a slight increase (1.98%) from last month (January) and a decrease (3.33%) from last year.
~ The average number of days on MLS in February 2025 was 59 days, which shows a 19.18% decrease from last month (January) and a 7.27% increase from last year in February.
~ Active listings at month end are 8988. This shows a 9.24% increase from last month (January) and a 7.27% increase from last year in February.
~ Average active listings for February are 12,396 (1985-2025). Record high February was 2006 with 25,484 listings and the record low was 2022 with 1226.
~ Historically, active listings increase an average of .46% from January to February. This February’s increase of 9.24% reflects a strong influx of new listings.
Please reach out with any questions. I am happy to help.
If you have any questions or would like to discuss selling or purchasing a property, contact me today at 303-949-9683 or Amy@MountainTimeRealEstate.com .
